HubSpot is laying off about 7% of its workforce, or nearly 660 employees, in a restructuring its board approved on October 1, 2026. The company disclosed the plan in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 6, together with the letter CEO Yamini Rangan sent to employees. This article sticks to what those filings say.
Live tracker: every tech layoff announced in 2026, with the company’s own numbers and a link to the source, is in our Tech Layoff Tracker 2026.
- Who: about 7% of HubSpot’s workforce, nearly 660 people.
- When: approved October 1, 2026; role eliminations substantially complete by the end of the first quarter of 2027, subject to local law.
- Cost: about $65 million to $75 million in charges, mostly severance, notice period, transition and benefits payments.
- Severance: 20 weeks of base pay plus 1 week per year of service, up to 30 weeks, according to the CEO letter.
How many people is HubSpot laying off?
The 8-K says the plan eliminates roles “impacting approximately 7% of the Company’s workforce.” The CEO letter attached to the filing puts the number at nearly 660 employees. US employees affected were told by email the same day; outside the US, the process varies with local law and consultation rules.
Is AI behind the HubSpot layoffs?
Many headlines describe the cuts as an AI restructuring. The company’s own explanation is more specific. The letter says HubSpot has shifted its strategy “from building software that helps customers grow to delivering outcomes for them with AI,” and that this requires a flatter organization with fewer management layers, product teams organized around customer outcomes, and clearer ownership.
The same letter also says the decision “is not driven by AI-related efficiencies” and “is not simply a cost-cutting exercise.” In other words, HubSpot links the layoffs to how it wants to organize around an AI-driven strategy, not to AI tools replacing the people who are leaving. For the wider debate, see our analysis of whether AI will replace jobs and which tech industries are cutting the most.
What severance are laid-off HubSpot employees getting?
According to the CEO letter, transition support varies by region but generally includes:
- Severance: 20 weeks of base pay plus 1 week per year of service, up to 30 weeks.
- Health benefits: in the US, COBRA for 5 months paid as a lump sum; outside the US, Modern Health for 5 months.
- Career support: six months of outplacement services.
- Equipment: employees may keep their laptops, wiped remotely, and home-office equipment.
How much severance would you get?
Use the estimator below to apply the formula in the letter to your own years of service and base salary.
HubSpot severance estimator
Example values; enter your own. The estimate applies the formula in the CEO letter (20 weeks of base pay plus 1 week per full year of service, capped at 30 weeks) to base salary only, before taxes. Your separation agreement is what counts, and terms outside the US vary.
How does that compare with what the law requires?
Federal law does not require severance: the U.S. Department of Labor notes that there is no severance requirement in the Fair Labor Standards Act and that severance is a matter of agreement between employer and employee. A few states set their own rules for large layoffs. New Jersey, for example, requires severance of one week of pay per full year of service in covered mass layoffs. Our guide to layoff notice requirements by state compares the main state laws.
What should laid-off HubSpot employees do next?
- Read the agreement before signing. Check the release of claims, deadlines and how severance is paid. Our guide on how to negotiate severance lists what to look for.
- Plan your health coverage. HubSpot is paying 5 months of COBRA as a lump sum in the US. COBRA itself can last up to 18 months for job loss, and you have 60 days to elect it. See how long health insurance lasts after a layoff.
- Prepare for the job search. See what a new employer can find out about a layoff.
How do HubSpot’s cuts fit the wider job market?
Company announcements make headlines, but the official count of layoffs comes from the BLS Job Openings and Labor Turnover Survey. The chart below updates automatically with each release. For notices filed with states, see our WARN notices tracker and US layoffs statistics.
Employer-initiated separations, in thousands. Seasonally adjusted. Latest data point: Aug 2026 (preliminary). This chart updates automatically when the BLS publishes new figures. Source: BLS, Job Openings and Labor Turnover Survey (JOLTS).
View the data table
| Period | Thousand people |
|---|---|
| Aug 2026 | 1,641 (p) |
| Jul 2026 | 1,702 |
| Jun 2026 | 1,785 |
| May 2026 | 1,761 |
| Apr 2026 | 1,667 |
| Mar 2026 | 1,884 |
| Feb 2026 | 1,714 |
| Jan 2026 | 1,660 |
| Dec 2025 | 1,666 |
| Nov 2025 | 1,660 |
| Oct 2025 | 1,891 |
| Sep 2025 | 1,816 |
| Aug 2025 | 1,832 |
| Jul 2025 | 1,772 |
| Jun 2025 | 1,843 |
| May 2025 | 1,671 |
| Apr 2025 | 1,818 |
| Mar 2025 | 1,595 |
| Feb 2025 | 1,867 |
| Jan 2025 | 1,738 |
| Dec 2024 | 1,689 |
| Nov 2024 | 1,831 |
| Oct 2024 | 1,650 |
| Sep 2024 | 1,780 |
HubSpot Layoffs FAQ
How many employees is HubSpot laying off?
HubSpot is cutting about 7% of its workforce. In a letter to employees filed with the SEC, CEO Yamini Rangan said the company will be saying goodbye to nearly 660 people.
Why is HubSpot laying off employees?
HubSpot says it has shifted its strategy toward delivering customer outcomes with AI and needs a flatter, faster organization. The CEO letter states the cuts are not driven by AI-related efficiencies and are not simply a cost-cutting exercise.
What severance is HubSpot offering?
According to the CEO letter, departing employees generally get 20 weeks of base pay plus 1 week per year of service, up to 30 weeks; in the US, 5 months of COBRA paid as a lump sum; and six months of outplacement services. Terms vary by country.
When will the HubSpot layoffs be completed?
HubSpot expects the role eliminations to be substantially complete by the end of the first quarter of fiscal 2027, subject to local law and consultation requirements, with substantially all related cash payments made by June 30, 2027.
How much will the restructuring cost HubSpot?
The company estimates charges of about $65 million to $75 million, mostly for severance, notice period, employee transition and benefits payments, with the majority recognized in the fourth quarter of 2026.
Related Reading
- Tech layoffs 2026: industries with the most job cuts
- Layoff notice requirements by state (2026)
- How to negotiate severance
- Health insurance and COBRA after a layoff
- WARN notices tracker by state